Monday, June 15, 2015

The Price of Renting in Sydney

Renting in Sydney is expensive. Prohibitively expensive if you live on the minimum wage.

The Sydney Morning Herald's Renting on Minimum Wage map shows that if you want to rent in Sydney on minimum wage you'll probably need to work double shifts every week. The map shows how many hours you would have to work in each neighborhood to be able to afford the cheapest rent.

Thankfully the situation is a little better for those earning the minimum wage. A second map shows that those earning the minimum wage in Sydney could just afford a one bedroom unit in 78% of the city's suburbs.